betaworks acquires a majority stake in Instapaper

betaworksbetaworks has acquired a majority stake in Instapaper. The acquisition was announced by Instapaper founder and developer Marco Arment. Marco posted details of the acquisition on his blog. Instapaper is a simple tool to save web pages for reading later. Terms of the deal were not disclosed.instapaper

“I’m happy to announce that I’ve sold a majority stake in Instapaper to Betaworks. We’ve structured the deal with Instapaper’s health and longevity as the top priority, with incentives to keep it going well into the future. I will continue advising the project indefinitely, while Betaworks will take over its operations, expand its staff, and develop it further.”

Other Betaworks products include digg, bit.ly, Chartbeat, Giphy and tapestry.  Wall Street Journal reported that Digg was acquired for around $500,000 last year.

USA, New York, NY

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LifeApps acquires Today’s New Deal

LifeApps-Icon-2012-85pxLifeApps Digital Media has acquired the assets of Today’s New Deal, including todaysnewdeal.com. Terms of the deal were not disclosed.

LifeApps Digital Media a designer of apps for sports, health, fitness and entertainment enthusiasts, has acquired Today’s New Deal, a Southern California based daily deal website and email marketing newsletter service. LifeApps has acquired all assets of the Today’s New Deal website, newsletter system and Today’s New Deal’s approximately 40,000 registered users.

“We are looking forward to branding Today’s New Deal as a sports, health and fitness specific daily deals site combined with an m-Commerce mobile app companion,” said LifeApps CEO, Robert Gayman. “The Southern California region, from Ventura County through Los Angeles and San Diego, is a very health conscious, e-commerce and mobile health friendly area. We know that the sports, health and fitness targeted daily deals that Today’s New Deal will be delivering are going to be of great interest to the approximately 40,000 existing subscribers of Today’s New Deal. We also believe narrowing the focus of the deals to our specific sports, health and fitness market will help us improve the deals that are offered through Today’s New Deal and grow its subscriber base.”

LifeApps will brand the Today’s New Deal service with a new look, new logo and a companion m-Commerce mobile app and will launch the new service this summer.

USA, San Diego, CA

OpenTable acquires Foodspotting app

OPENTABLE, INC. LOGOOpenTable, the online restaurant company, is to acquire Foodspotting, an app for finding and sharing dishes at restaurants, for approximately $10 million in cash pursuant to a stock purchase agreement.

Matt Roberts , Chief Executive Officer of OpenTable, said, “The Foodspotting team is as passionate about dining as we are, and we’re looking forward to leveraging their unique expertise in the areas of imagery and social sharing to enrich the OpenTable experience for diners and restaurants in new and exciting ways. By adding more visually compelling content to help people decide where to dine and discover dishes they’ll love, we hope to make it even easier to find the perfect table for any occasion.”

USA, San Francisco, CA

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